On a given day a stock dealer maintains a bid price of $1,004.00 for a bond and
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On a given day a stock dealer maintains a bid price of $1,004.00 for a bond and an ask price of $1,008.50. The dealer made 14 trades that totaled 700 bonds traded that day. What was the dealer's gross trading profit for this security?
Related Book For
Applied Regression Analysis and Other Multivariable Methods
ISBN: 978-1285051086
5th edition
Authors: David G. Kleinbaum, Lawrence L. Kupper, Azhar Nizam, Eli S. Rosenberg
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